NYSE:BGG - Briggs & Stratton Stock Price, Price Target & More

Briggs & Stratton trades on the New York Stock Exchange (NYSE) under the ticker symbol "BGG."

Briggs & Stratton announced a quarterly dividend on Wednesday, April 25th. Stockholders of record on Friday, June 15th will be paid a dividend of $0.14 per share on Friday, June 29th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 3.32%. The ex-dividend date is Thursday, June 14th. View Briggs & Stratton's Dividend History.

Briggs & Stratton declared that its board has initiated a stock repurchase program on Wednesday, April 25th 2018, which permits the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 5.8% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's board believes its stock is undervalued.

Briggs & Stratton Co. (NYSE:BGG) issued its quarterly earnings results on Wednesday, April, 25th. The industrial products company reported $0.84 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.83 by $0.01. The industrial products company had revenue of $604 million for the quarter, compared to analysts' expectations of $616.19 million. Briggs & Stratton had a return on equity of 10.11% and a net margin of 1.09%. The company's revenue for the quarter was up 1.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.83 earnings per share. View Briggs & Stratton's Earnings History.

Briggs & Stratton is scheduled to release their next quarterly earnings announcement on Wednesday, August, 15th 2018. View Earnings Estimates for Briggs & Stratton.

Briggs & Stratton issued an update on its FY18 earnings guidance on Wednesday, April, 25th. The company provided earnings per share (EPS) guidance of $1.33-1.50 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.54. The company issued revenue guidance of $1.92 billion, compared to the consensus revenue estimate of $1.45-1.62.

4 Wall Street analysts have issued 12-month price objectives for Briggs & Stratton's stock. Their forecasts range from $17.00 to $26.00. On average, they expect Briggs & Stratton's stock price to reach $21.50 in the next twelve months. This suggests a possible upside of 27.6% from the stock's current price. View Analyst Ratings for Briggs & Stratton.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Briggs & Stratton in the last year. There are currently 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to Briggs & Stratton include Mosenergo (AOMOY), TPI Composites (TPIC), China Yuchai International (CYD), Westport Fuel Systems (WPRT), Power Solutions International (PSIX), Terra Tech (TRTC), Capstone Turbine (CPST), REGI U.S. (RGUS), American Power Group Corp. Common Stock (APGI) and Coates International (COTE).

News stories about BGG stock have been trending positive recently, according to Accern Sentiment. Accern ranks the sentiment of press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Briggs & Stratton earned a media sentiment score of 0.25 on Accern's scale. They also gave news stories about the industrial products company an impact score of 45.70 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

Briggs & Stratton's stock is owned by a number of of retail and institutional investors. Top institutional investors include Salem Capital Management Inc. (0.48%), Nisa Investment Advisors LLC (0.14%), Bank of Montreal Can (0.04%) and Jolley Asset Management LLC (0.03%). Company insiders that own Briggs & Stratton stock include Andrea L Golvach, David J Rodgers, Frank M Jaehnert, Harold L Redman, Todd J Teske and William H Reitman. View Institutional Ownership Trends for Briggs & Stratton.

BGG stock was bought by a variety of institutional investors in the last quarter, including Salem Capital Management Inc., Nisa Investment Advisors LLC, Bank of Montreal Can and Jolley Asset Management LLC. View Insider Buying and Selling for Briggs & Stratton.

Shares of BGG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of BGG stock can currently be purchased for approximately $16.85.

Briggs & Stratton has a market capitalization of $745.79 million and generates $1.79 billion in revenue each year. The industrial products company earns $56.65 million in net income (profit) each year or $1.31 on an earnings per share basis. Briggs & Stratton employs 5,300 workers across the globe.

Briggs & Stratton's mailing address is 12301 WEST WIRTH STREET, WAUWATOSA WI, 53222. The industrial products company can be reached via phone at 414-259-5333.